Essays & News

  The size of government matters because it shapes how much room remains for private choice, enterprise and investment. From a classical liberal perspective, government provides an essential framework for markets, but expanding its responsibilities carries costs. Taxation reduces the resources people can allocate themselves and can weaken incentives to work, save and invest. Public […]

  What began as a pupils’ protest against poor and deteriorating conditions in schools escalated into widespread riots led by a radical socialist mob. There were battles with police, the Limoges town hall was burned, the Marseille city hall was stormed, shops were looted and cars were set on fire. Police officers were injured and […]

  When crises hit, it is quite common to think it is us who are living in unprecedented times, even if we have already experienced a few severe downturns. In many ways, this is not far from the truth. Speculation was nothing new when the dot-com bubble hit in the 1990s, but this time it […]

  “She needed no invitation, she came and went when she felt like it. She was Viennese born and educated … highly intelligent, practical minded, and …good looking… and no one ever asked her in vain for help or assistance.” Margit von Mises (1896-1993)   The women who shaped Mises’ Vienna Seminar Even before women […]

  “Politicians or bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.” James M. Buchanan   It is 2026, and let us not forget one of the most seminal minds of our times, we should briefly recall the groundbreaking works of James M. Buchanan (1919-2013) who […]